DTCC’s Global Trade Repository (GTR) for Securities Financing Transactions Regulation (SFTR) was honored as “Best Compliance Solution” at the 2019 Financial Technologies Forum (FTF) News Technology Innovation Awards on Thursday, June 27 at the Loeb Boathouse in New York City’s Central Park. The annual Awards celebrate and recognize the professionals, financial technology vendors, service providers, industry bodies and regulators that have made significant strides and noteworthy achievements in operational excellence.

The title of “Best Compliance Solution” is given to the supplier that delivers distinguished offerings to help clients meet their critical compliance and regulatory responsibilities for equities, fixed income, over-the-counter (OTC) and non-cleared derivatives, and more. The award targets the offering that does the best job of improving operational efficiency while meeting the demands of regulators, anti-money laundering laws, and the latest domestic and international economic sanctions of governmental authorities.

Peter Garratt, Executive Director, Global Head of GTR Product Development and Change Management for DTCC explains: “We are incredibly proud to be recognized for our hard work and dedication. Leveraging existing platforms to develop new capabilities, in this case, expanding the GTR infrastructure to support the reporting of SFTs, is just one example of DTCC’s commitment to providing the industry’s leading solutions for trade reporting.”

About DTCC’s SFTR Solution

Leveraging the GTR infrastructure, DTCC’s SFTR solution supports all product types to be reported under SFTR including repo and reverse repo, securities and commodities lending and borrowing, sell/buy-back, buy/sell-back and margin lending and borrowing. In addition to supporting the core trade repository requirements, value-added services, including Pre-Reporting Transformation Services and consulting services, allow DTCC to offer a one-stop solution for SFTR.